No Scams. No Fees. Make Your Online Donations Towards Real Cause - Giftcoin

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Even though there are so many ways to make online donations like GoFundMe, Give, Facebook, etc., all of them functions as a one-way lane. Why? Because you cannot track the final destination of your donations but only can hope that it should have reached the intended recipient. How can you make sure that you are donating a real case? Very difficult. Right? Besides that, all these fundraising platforms either deduct a flat rate or a certain percentage of the donation amount as transaction fees.

Have you ever heard about 'Facebook donations'? Facebook provides the option for creating campaigns either for the personal or social cause. But, the feature is available only for selected countries like US, UK, Canada, Australia, etc. Even though there is no fee for the charitable donations, it deducts up to 7% of all the donations that are made towards a personal cause like medical expenses, clearing debts, etc. Do you know what is the main limitation of Facebook donations? The donations are processed and will be transferred to the recipient's bank account only if it reaches the minimum payout. So, Facebook donations may not be effective for creating personal fundraising campaigns because of the high transaction fees and long processing time.

Based on a news report, a musician named B.o.B has started a fundraising campaign on GoFundMe to prove the fact that Earth is not sound. Sounds funny? Yes. But the goal of the campaign is to raise $1 million. The campaign was running for few months, but it has been put on hold by GoFundMe recently to make sure that the funds are utilized properly. Does this kind of projects really make some sense?

How to make the process of online donation more flexible, secure and trustable? Giftcoin provides an innovative solution to get rid of the limitations in online donations. It is a blockchain based platform which aims to revolutionize the existing concept of charitable donations by making every transaction 100% secure. It connects the donors and the beneficiaries in a P2P (Peer-to-Peer) network by eliminating the intermediaries. As there are no middlemen, the transaction fees are zero. The main features of the Giftcoin platform are given below:

• Donating money directly towards the cause
• Tracking the donation till it reaches the intended recipient
• Making donations in stages or completion of milestones.

Sounds interesting? Please visit https://www.giftcoin.org/GiftCoin_Whitepaper.pdf to learn more information about the platform.

If someone wishes to make a donation using the Giftcoin platform, then they need to hold a special utility token called Giftcoins. These tokens are based on the Ethereum standard ERC20. Once the donor chooses the cause for which he/she wishes to donate, then they can directly send the Giftcoins and track the donation till the milestone is achieved. The platform also provides an easy option for accumulating Giftcoins. How? Whenever you make a purchase, it rounds up the payment and converts the extra amount to Giftcoin tokens. In this way, you can save money easily for making donations to charity. Read https://www.giftcoin.org/ to learn more information about the pricing, availability, and sale of Giftcoin tokens.
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